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The Wright Firm

The Wright Firm

Estate Planning & Trusts

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Posts in category: Incapacity & Long Term Care Planning

Older couple jogging together

Personal Independence & Incapacity Care

October 25, 2018
by Richard Wright Estate PlanningIncapacity & Long Term Care PlanningTips & Knowledge

This is our third article about the importance of planning for physical or mental disability.  In a prior article, we focused on financial management planning alternatives for persons facing potential health crises and incapacity.  In our last article, we noted tha ...

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Health Care Decision Planning

Planning & Communicating Health Care Decisions & Surrogate Decision-Making

August 14, 2018
by Richard Wright Incapacity & Long Term Care PlanningTips & Knowledge

As we live longer, we face an increased likelihood of physical or mental disability.  In our last article, we focused on financial management planning alternatives for persons confronted with potential health crises and incapacity.  While financial management is im ...

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Surrogate Financial Management Planning

Surrogate Financial Management Planning with Powers of Attorney and Revocable Trusts

June 21, 2018
by Richard Wright Estate PlanningIncapacity & Long Term Care PlanningTips & Knowledge

In our last article, we focused on the importance of lifetime planning for Mature Single Individuals and some of the impediments they face in accomplishing such planning.  This article focuses on financial management planning alternatives for persons confronted with potentia ...

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Lifetime Planning for Mature Single Individuals

Lifetime Planning for Mature Single Individuals

April 12, 2018
by Richard Wright Estate PlanningIncapacity & Long Term Care PlanningTips & Knowledge

Estate planning generally addresses three primary goals: keeping the client in control of his or her person and property while he or she is alive and well; taking care of the client and his or her loved ones if the client becomes incapacitated; and carrying out the client’s ...

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5 Tips For Affordable Long Term Care

Five Tips for Affording the Cost of Long Term Care Insurance

June 22, 2016
by Richard Wright Incapacity & Long Term Care PlanningTips & Knowledge

The Maryland Health Care Commission estimates that about 70% of individuals over age 65 will require at least one type of long term care (“LTC”) during their lifetime. If LTC is required, the cost of this care in a nursing facility in our area currently averages between $70, ...

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